Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montebello area can be challenging. Home prices in Montebello are now at a median cost of $529,941, lower than the California average of $648,235.
The average cost of rent is $1,615/mo in Montebello, primarily driven by the current value of real estate in the Montebello area. While nearly 41.52% of residents own their homes outright in Montebello, 53.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montebello is $5,802 per month. Households that rent pay about 27.83% of their income on rent here. Montebello's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Pico Rivera, CA: equally priced homes
- Commerce, CA: less expensive homes
- Monterey Park, CA: higher priced homes
- East Los Angeles, CA: equally priced homes
- West Whittier-Los Nietos, CA: equally priced homes
- Rosemead, CA: higher priced homes
- Bell Gardens, CA: less expensive homes
- Maywood, CA: less expensive homes
- Vernon, CA: less expensive homes
- South El Monte, CA: equally priced homes
Cities with Similar Populations
- Cincinnati, OH: less expensive homes
- Cambridge, MA: higher priced homes
- Camarillo, CA: higher priced homes
- Centennial, CO: equally priced homes
- Canoga Park, CA: equally priced homes
- Carmel, IN: less expensive homes
- Canyon Country, CA: equally priced homes
- Castle Rock, CO: equally priced homes
- Carlsbad, CA: higher priced homes
- Canton, OH: less expensive homes
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